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Strategies & Market Trends : Stochastics
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To: Roger Hess who wrote (18)1/22/1998 3:42:00 PM
From: Wayners  Read Replies (1) of 927
 
Yes it would have worked at 1.25 and been very successful. The trend was pretty much flattening out so it would have been on okay play without the benefit of any hindsight. An uptrend is preferable to a neutral/flat trend. Before getting too excited look at when stochastics were under 20 around the 17th of November. You would have lost money because of the downtrend it was on. I think that is a perfect example of what trading against the trend can do to you.
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